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Forex Trend Analysis Report
Prepared for you on Friday, January 17, 2025.
British Pound/Mauritius Rupee (FOREX:GBPMUR)
Countertrend Down (-85) - GBPMUR is showing short-term strength. However, look for the longer-term bearish trend to resume. As always, continue to monitor the trend score and set stops.
Is it time to buy, sell, or avoid GBPMUR?
MarketClub looks at technical strength and momentum to determine if the timing is right for GBPMUR.
Learn more about the Trade Triangles and how we make technical analysis as easy as buy and sell.
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MarketClub’s Trade Triangles for GBPMUR
The long-term trend has been DOWN since Nov 19th, 2024 at 58.665241
The intermediate-term trend has been DOWN since Jan 2nd, 2025 at 58.521486
The short-term trend has been UP since Jan 14th, 2025 at 57.657701
Smart Scan Analysis for GBPMUR
Based on our trend formula, GBPMUR is rated as a -85 on a scale from -100 (Strong Downtrend) to +100 (Strong Uptrend).
| Open | High | Low | Price | Change |
|---|---|---|---|---|
| 57.349203 | 57.375747 | 57.043385 | 57.102247 | -0.246956 |
| Prev. Close | Volume | Bid | Ask | Time |
| 57.349203 | 2025-01-17 11:13:17 |